How Much House for $500k in LoCo Today?

    Visited any open houses lately? Wondering what’s out there in Loudoun right now? If your target budget falls around $500,000, you have exactly 58 homes to choose from in ALL of LoCo right now. (As of this morning, counting all non-new construction homes active in the multiple listing service.) There have been a ton of active buyers in that price range, lately…there are 90 homes under contract in that price point.

    So what do you have to pick from?

    • Sterling: 13 homes, of which 7 are in Countryside and all are single family homes.
    • Ashburn: 11 homes. Two townhomes, two patio homes. Seven single family homes, all newer, on small lots: the largest at .19 acres. Largest square footage home? One of the townhomes, by far.
    • Leesburg: 12 homes. Again, two townhomes, two patio homes. Three single family homes on in-town neighborhoods (Tavistock Farms, Evergreen Meadow, Potomac Crossing) and five (older) single family homes on larger, out of town parcels to the north or south of Leesburg.
    • South Riding: 6 single family homes, on lot sizes ranging from .12 to .21 acres. All built between 1996 and 2000.
    • The Rest:  Located in the outlying towns and communities, the remaining homes are all single family residences on at least a third of an acre. Largest property is on just under 28 acres. Newest homes available were built in 2005, and oldest home available is 227 years old.

    Shopping now and need a good buyers’ agent? Let’s talk. I’d love to help! Please feel free to use the Search for Homes feature here, or if you are ready, Schedule a Showing.

    Here’s a sampling of homes in that price point (including new construction):

    [idx-listings linkid=”221126″ count=”5″ showlargerphotos=”true”]


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    10 Responses to “How Much House for $500k in LoCo Today?”

    • Sam

      Written on

      Heather: I enjoyed reading several of your posts and found them both interesting and exemplary of many “best practices” for publishing hyper-local real estate content. It was fun meeting you in DC with other friends and acquaintances in the industry. I did not realize it at the time, but I was headed in to your market area. Later in the week, after the Mid-Year meetings I visited Leesburg; played an excellent round of golf on the Potomac at River Creek and shared a great meal at with friends at Tuscarora. Leesburg boasts an excellent quality of life and I’m sure that makes your work in real estate that much more satisfying; you’ve got a great product to offer.

      • Heather Elias

        Written on

        Thanks so much! Glad you enjoyed River Creek and Tuskie’s, that’s a double helping of some of the best Leesburg has to offer!! It was great to meet you too…hope our paths cross again soon. 🙂



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    Michael and Heather Elias are full time real estate professionals and licensed REALTORS at Century 21 Redwood Realty. They sincerely hope you enjoy reading this blog, and would love the opportunity to work with you.

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